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More tax news out of Washington. The administration announced doubling the size of the IRS over ten years. This reverses the trend during the last administration of reducing IRS staff and scaling back the number of au...
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Hi BP, I'm being offered this note secured by a deed of trust for the following:Duplex:Side 1: 4x2Side 2: 2x1Sqft: 1,578Total beds 6, total baths 3Total Monthly rental income: $2,100Deal Details $290,000 Fair Market V...
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Hello All,
I have been getting into real estate the past few months, started out posting yellow signs every weekend for 6 months, and have also been sending out yellow letters for the past 6 months, around 10...
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Hello BP,I am considering withdrawing money from my IRA pursuant to CARES Act. According to the Act, one has to qualify to be eligible. Besides the obvious qualifiers such as being infected by the virus or losing a jo...
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I am trying to identify a warm weather, preferably coastal market that would be (1) someplace I would like to have a winter home, and (2) is a good market for cash-flowing BRRRR traditional rentals and Airbnbs. So far...
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Here's some things that have gone on here:
A single family detached house had 21 offers
A two unit property had 6 offers in less than 24 hours
A four unit apartment building had 11 offers
A buyer put in a $10,000 ...
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1. At first which is better concentrating on building a buyers list or go straight for sellers? Why?2. After reading J Scott's book on "Estimating rehab cost". If I follow the book on every deal is that sufficient o...
If your son or daughter came to you seriously wanting to learn to invest in real estate, what skills would you recommend they develop and how might you suggest they develop them?
There are many skills that can help a...
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I'm considering pursuing flipping. I have about $50-75k in cash I can dedicate to this, and I'd like to fund the entire operation in cash (purchase and rehab). This is impossible where I live in nyc, so I'm wondering ...
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Hello everyone,This will be my first post on BP. I have been a firefighter for 7 years, had a side business doing home inspections for the last 2, and recently made the decision to also start investing in real estate...